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Level 2
March 22, 2021
Question

Long Term Capital Gain

  • March 22, 2021
  • 8 replies
  • 33 views

We have inputed stock sales that are long term capital gain and they were taxed at 34% versus the 15%.  Why would this occur? Thanks

    8 replies

    Level 15
    March 22, 2021

    can you please explain more why they are "imputed" - where these stock options that were exercised????

    Jchad0012Author
    Level 2
    March 22, 2021

    These were stocks not stock options.  Thanks

    Level 15
    March 22, 2021

    how do you know they were taxed at 34%?  there is no 34% tax bracket. 

    what makes the sale 'imputed'?  (that would suggest you did not receive cash).

     

    can you explain more; what you have provided so far is quite cryptic. 

    Jchad0012Author
    Level 2
    March 22, 2021

    These were stock sales that we had for nine plus years not stock options.  Thanks